Immigration and Economic Conditions Among Older Asian Americans

This study compares native-immigrant gaps in economic conditions among older Asian Americans to those in other racial groups. This study uses the American Community Survey data collected from 2006 to 2010. The sample consists of Asians, whites, blacks, and Hispanics, who are 65 years old or older (N = 2,205,148). The dependent variables are per capita income, poverty, asset income, homeownership, and vehicle ownership. This study employs linear and logit regressions. Analysis results show that older native Asian Americans' economic statuses are comparable to or better than older native whites. Older immigrant Asian Americans' economic situations are worse off than older immigrant whites but better off than their black and Hispanic counterparts. Regression analyses indicate that native-immigrant gaps among older Asian Americans are significantly larger than those among other racial groups. These findings suggest that the public perception of economically successful immigrant Asians is not consistent with the economic reality of older immigrant Asian Americans. Analysis results call for further research on native-immigrant gaps among older Asian Americans and policy interventions to enhance economic security among older minority groups, including older immigrant Asian Americans.